£44 million renewable energy investment in Northern Ireland

The Utility Regulator for Northern Ireland has said it is ready to give the go-ahead to a £44 million investment in renewable energy generation.

The investment will enable more renewable generation facilities in the north and west to access the country's electricity network.

Funds will be directed to three main projects:

  • £26 million of capital expenditure to increase the capacity of the Tamnamore sub-station to accommodate renewable generation
  • £2.6 million to upgrade to the Kells-Coleraine circuit
  • £1.25 million on pre-construction costs and £14.75 million on the completion of the capital works for a third circuit between Omagh and Tamnamore

Shane Lynch, Utility Regulator chief executive, said:

"The overall investment is good news for Northern Ireland. It will be a major boost to the NI Executive's target of 40 per cent of electricity demand being provided from renewable sources by 2020."

The Utility Regulator expects to give final approval to the investment once a short public consultation has been held.